Weekly AUDCAD, AUDCHF, AUDJPY, AUDNZD & AUDUSD ZPrices are located above the 10,20,50,100 & 253 weekly moving average for all AUD pairs except AUDNZD which remains below 10,20 & 253. Worth mentioning a cross of AUDNZD Price above the 50 weekly MA this week. ZVolume (Volume Delta) remains above the 10,20,50,100 & 253 weekly moving…
Trend Strength Indicator
Is it possible? Can we really measure whether a currency pair, or anything trade-able for that matter, is trending? I have tried many different Trend Strength Indicators in the past, such as Average Directional Index or ADX, Moving Average Convergence Divergence or MACD, Moving Average Crossovers, Relative Strength Index or RSI and a few other…
How important is Win Rate?
Who doesn’t like winning? We have been conditioned, from an early age, to believe that success comes as result of winning. Babies cry and cry and cry until they get what they want. They use crying as their strategic mechanism to win! Winning is used to impress others, positioned oneself somewhat above others. It is…
Moving Average Deviation Trend Continuation
The most common rule to enter trades based on Moving Average is when Price crosses over the average as seen above. It does have the advantage of getting you on the trade earlier than a Moving Average Crossover strategy but is it the best entry signal based on a Moving Average? Not really In this…
Moving Average Crossover
In this post we are going to cover how to use the ZScore Indicator Suite to create a Moving Average Crossover strategy that will get you into trades when prices are trending AND will prevent you from getting into trades when prices are ranging which is usually a major flaw of most Moving Average Crossover…
Volume ~ The Fuel of Price
Surfing and Trading have a lot in common. In order for decent size, rideable waves to arrive at the shore, a swell must be in the outer seas, only then gives surfers a guarantee of finding good waves at the beach. Similarly in order for price to sustain a decent move worth riding, volume must…
ZScore Trading System
This post brings an end to my series on statistics in trading. If you are reading my blog for the first time, I highly recommend that you first read my posts about Standard Deviations, Bollinger Bands & Natural Distribution The ZScore is the tool that brings all the statistic elements together, especially if we can…
Normal Distribution
On my About page I mentioned how my trading performance improved dramatically after discovering Brian Twomey on Twitter. Brian can hit targets like no one else. No indicators, no charts. All with pen, paper and a $5 calculator! How does he do it? A deep understanding of statistics and Interest Rates. Brian has written two…
Bollinger Bands
On our previous post we learned about the importance of understanding the Standard Deviation indicator and how it can be used to spot ranges and trends as well as momentum or trend fuel. Bollinger Bands are a very popular indicator / trading system that is entirely based on the premises of Standard Deviation. As you…
Standard Deviation
Every trader has profitability as a common objective. Without making profit we cannot stay in the game. How do we determine which instruments to trade and how much profit could we take within a traded instrument are questions every trader should ask themselves before a trade session begins. The Standard Deviation is one particular concept/tool…